Author Question: The Great Recession started in the: a. U.S. real goods sector. b. U.S. real loanable funds market. ... (Read 75 times)

kellyjaisingh · **on:** Jun 30, 2018

The Great Recession started in the:
a. U.S. real goods sector.
b. U.S. real loanable funds market.
c. Foreign exchange market.
d. Global real goods market.
e. All of the above.

Question 2

If the price of inputs rises and consumer expectations about future economic activity worsens:
a. Price index rises, and real GDP rises.
b. Price index rises, and real GDP falls.
c. Price index rises, and the change in real GDP is uncertain.
d. Price index falls, and real GDP rises.
e. The change in price index is uncertain, and real GDP falls.